Mr. Handyman Franchise
Mr. Handyman is a home improvement service business. Owners don't do the handyman work, and you don't need to be handy. Many owners come from executive, IT and military backgrounds. With 370+ units, it's a proven, manager-friendly model.
Investment and key facts
- Industry: Maintenance
- Minimum investment: $161,900
- Maximum investment: $215,000
- Founded: 1996
About Mr. Handyman
This is a professional home improvement service business. OWNERS DO NOT DO THE HANDYMAN WORK AND YOU DO NOT NEED TO BE HANDY. This franchise is made up of Mid to Upper Level business executives, IT Professionals, and Military Veterans. Mr. Handyman repairs, maintains, and enhances people's homes and small businesses. Prompt, safe and reliable technicians focus on completing their customers to-do list including caulking bathtubs, carpentry work, assembling furniture, hanging pictures, installing shelves and closet organizers, putting up trim or molding, installing window treatments, just to name a very small list of what they do. The owner will follow their business plan, execute the marketing program, foster customer relationships and manage a team of technicians. These direct employees will be experienced handymen fully bonded and insured. They will wear a clean uniform, show up on time and work out of a professionally designed branded van. Mr Handyman truly is the best brand that is uniquely positioned to take full advantage of the shifting demographics and social changes that we are seeing in the home services industry. Because we fix a lot of things and we can perform hundreds of projects around the home or office, we can offer our services to a tremendous amount of the market. That's a lot of customers for our owners to go after. We are the jack-of-all-trades brand at Neighborly. We do a little bit of everything. Just to name a few: Assembly Carpentry Drywall Light Plumbing Light Electrical AV and Appliance Installation Tile and Flooring Painting Decks and Fences Gutter Repair and Cleaning Power Washing Commercial and Residential markets And I could go on. The main takeaway is that a Mr. Handyman owner has a tremendous amount of opportunity to service their customers on a number of different projects around the home or office. On average there are 7-8 handyman services that every homeowner has on their to-do list every year. That is built-in repeat business! That means a lot of opportunity for lots of revenue for a Mr Handyman owner. Why are handyman services so in demand right now? Because there are demographic and social changes that are happening. As the market leader in handyman services, Mr. Handyman is best positioned to take advantage of these changes. These changes look like this: We have the senior population. Very large demographic. Many were the DIY'ers of the day. They didn't need a Mr Handyman - they were their own handyman and fixed and repaired things around the house. Well, now they're getting up there in age and can't climb the ladders and swing the hammers like they used to. They need Mr Handyman. Then there are the current and younger generations that are coming up. This is where the social changes are happening. Just like the DIY'ers, we have an acronym for them as well. We call them the DIFM's. The Do It For Me's. They have their smart phones. They can order up an Uber, they can get Amazon to deliver whatever they want to the front door. Well now, they can order Mr Handyman to come fix things. So, we have a perfect storm. We have the seniors who can't do the work any longer and the younger generations, who would rather have someone else do it for them. That's why Mr Handyman is poised to be the go-to for home repair and improvement. What sets us apart? Besides being the market leader with a tremendously powerful name and brand, Mr Handyman provides not only high-quality work but an exceptional customer experience. Mr. Handyman is a premium brand that goes after a premium customer who expects a premium customer experience. Mr. Handyman is that option. We have an 85 Net Promotor Score - higher than some luxury hotel brands. We have a 4.8 star Google rating. That's a high-level customer experience. And to prove my point, Mr Handyman gets nearly 50% of their revenue from repeat business. That's amazing! Our owners aren't having to always chase after new customers. We are not even a recurring revenue model at Mr. Handyman, but there is recurring revenue from repeat business. It's never been a better time to be a Mr Handyman Owner. Territories available in the US and Canada. Key Words:Handyman, home repairs, drywall repair, carpentry, furniture assembly, home maintenance, honey-do list, semi absentee